Super Hi International (NASDAQ:HDL) Reaches New 12-Month Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) reached a new 52-week low during trading on Tuesday . The stock traded as low as $14.25 and last traded at $14.85, with a volume of 1656 shares traded. The stock had previously closed at $14.25.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Zacks Research lowered Super Hi International from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Super Hi International Stock Performance

The firm’s fifty day moving average price is $16.21 and its 200 day moving average price is $16.98. The company has a current ratio of 2.53, a quick ratio of 2.27 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $965.70 million and a price-to-earnings ratio of 21.21.

Super Hi International (NASDAQ:HDL) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.12). Super Hi International had a return on equity of 5.55% and a net margin of 2.52%.The company had revenue of $229.97 million during the quarter, compared to analyst estimates of $239.27 million. Analysts forecast that Super Hi International Holding Ltd. Unsponsored ADR will post 0.67 EPS for the current fiscal year.

Institutional Investors Weigh In On Super Hi International

Several hedge funds and other institutional investors have recently made changes to their positions in HDL. Bank of America Corp DE acquired a new stake in Super Hi International during the 4th quarter worth $52,000. XY Capital Ltd acquired a new stake in Super Hi International in the third quarter valued at $186,000. Finally, Jane Street Group LLC grew its position in shares of Super Hi International by 26.5% in the fourth quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock valued at $342,000 after purchasing an additional 4,457 shares during the last quarter.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.